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PIC Eligiblity

Under the PIC+ scheme, from YA 2015 to YA 2018, qualifying SMEs that invest in the six qualifying activities under the PIC scheme can enjoy 400% tax deductions/allowances on an additional $200,000 in expenditure for each qualifying activity per YA.

This brings the expenditure cap for qualifying SMEs from $400,000 to $600,000 per qualifying activity per YA.

Qualifying SMEs

Businesses eligible for the PIC+ scheme are sole-proprietorships, partnerships and companies carrying on a trade or business and whose (a) revenue is not more than $100 million or (b) employment size is not more than 200 employees. This criterion will be applied at the group level if the business is part of a group.

If you are unsure if your business eligible for PIC bonus, drop us your contact through our contact form and we will get back to you in less than 24 Hours.


Pic Claim Grant Site is purely for educational purpose, for full details on PIC Claim, please refer to IRAS PIC site and get the most up to date Pic Claim Grant details.

Pic Claim Grant provides general answer to pic question on pic bonus, pic claim, pic grant.

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